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Your company is launching a new pellet stove. You need to earn a markup of 30% in order to be profitable. The cost of your
Your company is launching a new pellet stove. You need to earn a markup of 30% in order to be profitable. The cost of your product is $700 each. You also sell the pellets used as fuel at a cost of $100 a bag. Home Depot has approached you about buying 25 units for a test in their Wisconsin Stores plus pellets for a package price. You determine that 25 grills need 20 bags of pellets. What price do you need to charge Home Depot
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